Tag: Grow

Automotive Emissions Ceramics Market Size to Grow by USD 27.22 million due to High Demand From The Automotive Industry

Yura

NEW YORK, Sept. 6, 2022 /PRNewswire/ — The “Automotive Emissions Ceramics Market Forecast and Analysis 2022-2026″ report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the automotive emissions ceramics market between 2021 and 2026 is USD 27.22 million, as per the latest market analysis report by Technavio. The report predicts the market to witness an accelerating growth momentum at a CAGR of 4.25%. Technavio categorizes the global automotive emission ceramics market as a part of the global auto parts and equipment market. Our report provides extensive information on the value chain analysis for the automotive emissions ceramics market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Automotive Emissions Ceramics Market Forecast 2022-2026

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Key Market Dynamics:

  • Market Driver: The high demand from the automotive industry is one of the key drivers likely to influence market growth positively during the forecast period. Ceramics are compounds made of metallic or non-metallic elements and are known for their capacity to withstand high temperatures. Automotive ceramics, particularly the advanced versions, exhibit excellent physical, thermal, and electrical properties. Automotive ceramics are used in functional components such as spark plugs, glow plugs, and fuel injection systems. During the fiscal year 2021, global SUV sales increased by 3.07 million units compared to 2020. This, in turn, will drive the global demand for automotive emission ceramic during the forecast period.

  • Market Challenge: One of the key challenges to the global industrial industry growth is the declining demand for diesel vehicles. The demand for diesel-powered passenger vehicles has declined over the last few years. The Volkswagen scandal in 2015 raised doubts about the use of diesel engines as a relatively more environment-friendly alternative. Other technological advances, such as the variable compression ratio in gasoline-powered vehicles, will reduce the efficiency of diesel engines, thereby decreasing the demand for automotive emissions ceramics such as DPF. Such factors may hamper the market growth in the forecast years.

To learn about additional key market dynamics, View FREE Sample Report right now!

Key Market Segment Highlights:

The automotive emissions ceramics market report is segmented by Type (Honeycomb and GPF and DPF) and Geography (APAC, Europe, North America, South America, and Middle East and Africa).

Regional Opportunities: 69% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for automotive emissions ceramics in APAC. Market growth in this region will be faster than the growth of the market in North America, Europe, and MEA. The increase in the number of on-road vehicles and the rising government focus on reducing vehicular emissions are compelling

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Automotive Technologies Market Size to grow by USD 134.06 bn | Rising Adoption of ADAS Features in Vehicles to Boost Growth

Yura

NEW YORK, Nov. 26, 2021 /PRNewswire/ — The automotive technologies market will be driven by the rising adoption of ADAS features in vehicles. The market is expected to grow by USD 134.06 bn from 2020 to 2025. According to Technavio, the growth momentum of the market will decelerate at a CAGR of 11.04%. The report offers an up-to-date analysis as well as exact growth variance and Y-O-Y growth rate.

Attractive Opportunities in Automotive Technologies Market by Component and Geography – Forecast and Analysis 2021-2025

Request a Free Sample Report to explore growth opportunities in the automotive technologies market

The automotive technologies market is fragmented, and the degree of fragmentation will decelerate during the forecast period. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The automotive technologies market report covers the following areas:

Automotive Technologies Market 2021-2025: Segmentation

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Automotive Technologies Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.

The rising adoption of ADAS features in vehicles, the increasing adoption of electronics-based driving comfort and safety systems, and intervention of innovative technologies for advanced UI will offer immense growth opportunities. However, lack of standard protocols, lack of connected infrastructure, and delay in luxury of ongoing updates and amendments will challenge the growth of the market participants.

Automotive Technologies Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the automotive technologies market, including Continental AG, DENSO Corp., HELLA GmbH and Co. KGaA, Intel Corp., NVIDIA Corp., NXP Semiconductors NV, Renesas Electronics Corp., Robert Bosch GmbH, Xilinx Inc., and ZF Friedrichshafen AG. Backed with competitive intelligence and benchmarking, our research report on the automotive technologies market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Subscribe to our “Lite Plan” billed annually at USD 3000 that enables you to download 3 reports/year and view 3 reports/month.

Automotive Technologies Market 2021-2025: Regional Analysis

Technavio offers an up-to-date analysis of the geographical composition of the market as well as competitive intelligence and regional opportunities for vendors. Based on our research, APAC is expected to dominate the market during the forecast period. The region will account for 53% of the market’s growth. China, Japan, and South Korea (Republic of Korea) are the key countries for the automotive technologies market in the region. APAC has been recording a significant growth rate. Hence, it is expected to offer several growth opportunities to market vendors during the forecast period. The increasing adoption of electronics-based driving comfort and safety systems will drive the automotive technologies market growth in APAC.

Automotive Technologies Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025

  • Detailed information on factors that will assist automotive

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Wipro Launches an Automotive E-commerce Cloud Alternative for Direct-to-Purchaser Marketplaces to Start and Grow Speedily

Yura

NEW YORK & BANGALORE, India–(Small business WIRE)–Wipro Restricted (NYSE: WIT, BSE: 507685, NSE: WIPRO), a major world wide Information technology, consulting, and business system products and services firm, nowadays unveiled Click on-Shift-Push, a contactless vehicle-obtaining alternative that addresses the finish vehicle-shopping for journey. Scalable, adaptable and swiftly deployed, the conclude-to-finish solution enables automakers and sellers to offer you every thing from research and mortgage approval to invest in and shipping and delivery at a time when 50% of car or truck-purchasing journeys begin online.

Wipro’s Simply click-Change-Push empowers automakers and dealers to quickly adapt to the electronic-to start with requires of the Millennial and Gen Z buyers having about the vehicle-shopping for sector. With Simply click-Shift-Push, automakers and sellers can launch e-commerce answers and provide a virtual direct-shopping for knowledge in just eight weeks. Click-Shift-Generate uniquely incorporates a variety of Salesforce technologies so companies can deliver an increased person knowledge throughout the customer journey. In addition, Wipro partnered with ThreeKit 3D & Augmented Fact to offer an augmented reality part so purchasers can visualize a digital rendering of the auto in their personal driveway.

“Research shows 59% of automotive consumers are interested in getting automobiles completely on the web. Click on-Change-Drive, aspect of Wipro’s $1 billion investment in cloud above 3 a long time, empowers suppliers and dealers to fulfill that need by launching on the web marketplaces quicker and with more features than at any time ahead of. As e-commerce gains prominence, Click on-Change-Generate is preferably suited to assist market leaders deliver an improved purchaser and paying for encounter,” stated Hari Raja, World-wide Salesforce Apply Head, Wipro Restricted.

“The automotive field has embraced pandemic-driven digital transformation, accelerating it to be certain customers get the very best they want. As the Salesforce system has evolved to offer a 360-diploma customer view, augmenting it with blended actuality answers to drive a following-technology practical experience that addresses the full spectrum from shopping for intent to closing auto delivery will be critical. With its expanded presenting, Wipro is aiming to enable automotive enterprises in this upcoming-gen Salesforce-led shopper knowledge journey,” claimed Yugal Joshi, Spouse and Head of Business Applications Analysis, Everest Group.

“Constructing associations and knowing your buyer is critical to the achievement of any commerce small business,” claimed Lidiane Jones, Government Vice President & Common Manager, Salesforce Commerce Cloud. “For quite a few customers, this necessitates a suite of integrations designed probable by our companions. With Wipro’s Simply click-Shift-Travel and Commerce Cloud, providers will be capable to just take clients over and above standard products catalogues and direct administration in the car or truck acquiring journey to a highly customizable commerce motor.”

Far more info about Wipro’s Click on-Shift-Push resolution is offered at this link.

Salesforce, Commerce Cloud and some others are among the logos of salesforce.com, Inc.

About Wipro Constrained

Wipro Minimal (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a top international information engineering, consulting and organization process providers enterprise. We harness the power of

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Aftermarket Product Sales of Internal Combustion Engine Vehicles Will Grow to 2030 and Beyond

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ICE Aftermarket Longevity Is Significant to Over 400,000 Business Outlets That Install and Sell Automotive Products Across the U.S.

Peak ICE aftermarket, the year when Internal Combustion Engine Vehicles reach their maximum aftermarket product volume, will not arrive until after 2030.”

— Jim Lang

FORT WAYNE, IN, USA, October 27, 2021 /EINPresswire.com/ — Aftermarket Product Sales of Internal Combustion Engine Vehicles Will Grow to 2030 and Beyond.

“Internal Combustion Engine (ICE) Vehicles will achieve significant U.S. automotive aftermarket product growth to 2030 and beyond, contrary to the widely-held expectations that Electric Vehicles will rapidly eliminate ICE aftermarket product sales,” said Jim Lang, President of Lang Marketing Resources, a leading automotive market intelligence firm headquartered in Fort Wayne, Indiana with over 25 years in the vehicle products industry.

“Peak ICE aftermarket, the year when Internal Combustion Engine Vehicles reach their maximum automotive aftermarket product volume, will not arrive until after 2030,” predicted Lang. “This is significant to the more than 400,000 business locations across the U.S. that repair vehicles and sell automotive products.”

Millions More ICE Vehicles

Despite growing annual EV sales, the number of ICE vehicles on the road will increase between 2021 and 2030.

Regular hybrids and mild hybrids (both have batteries recharged by internal combustion engines) are included as ICE vehicles in this analysis because most mileage of non-plug-in hybrids is ICE powered.

EV Future VIO

While EVs will steadily increase their share of new car and light truck sales in the U.S., their share of vehicles in operation (VIO) will climb at a much slower pace.

Even with aggressive annual sales growth, EVs will account for only approximately 7% of the total VIO by 2030. BEVs will represent an even smaller share.

EV Aftermarket Impact Delayed

Aside from Tires and certain Accessories, cars and light trucks do not make substantial contributions to aftermarket product volume until they are at least five years old. This will delay the impact of the rising annual sales of new EVs on the ICE aftermarket.

EV Low Average Age.

Since the runup in the number of EV vehicles on the road will occur late in the 2020s, EVs in operation during 2030 will have a very low average age, less than 3 years. BEV average age will be even lower, less than 2 years.

ICE Vehicle Aftermarket Growth to 2030 and Beyond

With their relatively small VIO and low average age, Electric Vehicles (PHEV and BEV models) will eliminate less than 2% of ICE aftermarket product sales in 2030, aside from Tires and certain Accessories. BEVs will eliminate an even smaller portion of ICE aftermarket product volume.

As a result, ICE cars and light trucks will continue to increase their aftermarket product volume through 2030 and beyond.

Jim Lang
Lang Marketing Resources, Inc
+1 260-399-1699
[email protected]

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